Nigerian stocks extend loss as volume drops

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Year to date, the index is down by 10.72 per cent.

ABC Transport led gainers, appreciating by 9.38 per cent to close at N0.35. Lasaco grew by 7.62 per cent to end trade at N1.13. Jaiz Bank went up by 5.71 per cent to N0.74.

Africa Prudential rose to N6.75, notching up 3.85 per cent in the process. Linkage Assurance completed the top 5, climbing up by 3.85 per cent to N0.54.RT Briscoe declined by 10 per cent to close at N0.63. CAP fell to N17.55, losing 10 per cent in the process. NGX Group dipped to N20.80, recording 9.96 per cent depreciation.

Red Star Express shed 9.78 per cent to end trade at N3.32. Royal Exchange closed at N1.49, going down by 9.70 per cent.Transcorp traded 28.2 million shares worth N30.2 million in 167 deals. MTNN shares of 22.7 million units, priced at N4.7 billion, exchanged hands in 371 transactions. NGX Group had 22.1 million shares valued at N463.1 million traded in 297 deals.

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